Don't chase in the first minute after the news breaks; wait for the candlesticks to form before making a judgment.
Take this one: Hyperliquid address 0xecb63c...2b00 currently holds an ETH short position of 11,976.85 units.
What matters most isn't the news itself, but how funds react over the next few hours.
$ETH latest 2246.32 (24h +1.15%).

#ETH